Healthcare Audit

Healthcare Audit

Specializing in the recovery of lost profits in the Healthcare Supply Chain

Hospitals and Healthcare Systems are constantly in a state of change. Managing your Accounts Payable process through these tides of change are challenging. No matter how efficient your process is, leakage will occur. Partnering with the right recovery audit services company that understands the hospital and healthcare environment is essential. Let SAS help you to maximize the recovery of lost dollars and identify control deficiencies to avoid future leakage.

Continued growth – expansion

Mergers and acquisitions

Partnership with a GPO

Multiple payment systems, system upgrades and changes

Regulatory requirements and restrictions

New suppliers and supplier consolidations

Limited staffing & cost restrictions

How can SAS help?

Decades of Hospital and Healthcare Recovery Audit Experience

Our management and team of healthcare audit professionals have an extensive background in performing recovery audits for hospital and healthcare systems. This extensive experience includes:

Many firms limit their reviews to typical Accounts Payable Recovery areas such as Duplicate Payments, Statement and Overpayment Audits. Our process is different. We extend our audits well beyond the typical Accounts Payable Recovery Audit engagement. In addition to a Duplicate Payment Audit and a Vendor Statement Audit, we dig much deeper and find the majority of our recoveries in areas not typically reviewed by the other firms.

Typical recovery audit categories include:

Medical Supplies

Most favored pricing (GPO vs. local supplier agreements)

Reconciliation of unrealized allowances and rebates

Review consigned inventory pricing

Unit price comparison of returns to original purchase

Review inappropriate handling charges

Freight & Delivery overcharges

Product returns

Pharmaceutical targets

Formulary Rebates

Pricing (UOM, Generic, OTC)

Duplicate payments

Dosing/Package Size

Performance Guarantees

Value Added Reporting

At the conclusion of your Healthcare Recovery Audit, SAS will present a comprehensive Engagement Management Report which will provide your company with a detailed overview of your recovery audit engagement results complete with areas reviewed, root cause analysis and process improvement recommendations. Details of our reporting are outlined on the Internal Control Enhancement page.

We have enjoyed much success with our clients from both a cost recovery and go forward profit improvement perspective. Please refer to our Case Studies and Testimonialspages to learn more about how we partnered with our clients to drive recoveries and efficiencies in a variety of industries including Hospitals and Healthcare.

Process & Technology

Take the Next Step

.1%

HISTORICAL PROFIT LEAKAGE

4

DECADES of EXPERIENCE

$5 BIL

RECOVERED LOST PROFITS

500+

CLIENTS SERVED

What People Say

Testimonials

Client Successes.

"I’m impressed in how efficient the review was and how much we’ve benefited in not only the significant dollars recovered, but in the identification of holes in our systems that we never believed existed. Your team’s business insight is... Read More"

"Our hospital had never utilized a recovery audit firm in the past. I decided to engage Strategic Audit Solutions to see what it was all about. I was very pleased with their service and the overall outcome of the audit. I actually learned more about... Read More"

"I cannot overstate the value your Accounts Payable recovery audit has provided to us. The ease of the process, the respect for our busy schedules, the professionalism in your dealings with our suppliers, and of course, the results. I had no idea we... Read More"